Investors' Soapbox AM

Three Fertile Ideas in Agriculture

With planting progress still well behind trend (about 28% versus five-year average of about 65%), we believe there continues to be a risk to the U.S. Department of Agriculture's projected corn-production estimate of about 14.140 billion bushels (versus about 10.780 billion in 2012), which should offer better-than-expected farm prices versus current estimates.